Organization of the Petroleum Exporting Countries

Oil Markets Shrug Off Overthrow of Syria’s al-Assad

Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar al-Assad’s ouster.

By Stanley Reed

Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries

OPEC Plus Postpones Plan to Increase Oil Output for Three Months

The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production.

By Stanley Reed

International Relations Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries

With Oil Prices Weak, OPEC+ Postpones Increases Again

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.

By Stanley Reed

BlackRock Inc Goldman Sachs Group Inc International Relations Iran-Israel Proxy Conflict Israel-Gaza War (2023- ) Mohammed bin Salman (1985- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Riyadh (Saudi Arabia) Saudi Arabia

At a Glitzy Saudi Investment Forum, Almost No Mention of War

Saudi Arabia and its Gulf neighbors are seeking to reassure foreign investors that it’s still safe to do business amid the turmoil around the Mideast.

By Ismaeel Naar